Trade_Journal

Trade_Journal Updated 

NQ - Interesting area! CME_MINI:NQ1! GLOBALPRIME:NAS100 Another key resistance area Highs: 13248.75 Lows:12957.00 Currently we are still within the ranges even though we've had CPI print we did escalate higher, but couldn't go above key resistance of: 13230 areas we could need break higher above that resistance to go towards levels of 13347.00. However, if...

Trade_Journal

ES - We heading to key resistance.... Can we break above 4170 and go towards 4200 areas? Highs: 4170 - Lows: 4100 Pattern - Wedge up side target areas 4200 areas... We just had CPI as we have dollar declining stocks rising higher time will tell... Trade your own trade plan!! Trade Journal

Trade_Journal Updated 

$BTC - Are you ready? BTC is breaking out! Let's see if we stay elevated at these levels we could be going back towards 30k areas! However, 20k & 25k are key resistance area. Pattern wise we are bullish as long as we are above 18.5k Enjoy, Trade Journal

Trade_Journal Updated 

Happy CPI day! (AUDUSD Trade idea) Hello...Another day, another trade opportunity! Today we have the CPI, I spoke about banks over the weekend and how they will become under pressure to rates increase, it's part of debt cycle - I will recommend you watch it as well research into what a debt cycle is and what assets get affected. Now, headlines bring in fear, in...

Trade_Journal Updated 

GBP - Weekly/Daily close will be key! GBPUSD - At a very key resistance, we have NFP today that will shift the market. We did have GDP m/m Bullish 0.3 Higher than expected. I think when it comes to GBP there are very bearish views when it comes to there fundamentals and there rate hikes but I don't think the situation as bad as it's considered. What does this...

Trade_Journal Updated 

We now wait for the NFP! Here we have the silver chart in-front of us! We are currently within the range of lows: 19.800 highs: 20.450, Pattern: Triangle/ Bear flag If we are to go above key resistance area and above 50EMA + TL resistance I expect first target to be 20.750 areas and then 200 EMA areas which is around next resistance zone of 21.400. However, we...

Trade_Journal Updated 

CAD - LT/MT Idea! We have a lot of dollar buying end of flows, end of month. We saw that in most of the majors shifting. What's really key to me is we are seeing US data take a hit US indices, it is time to take into consideration what could happen next with the FX majors. Here's a glimpse of what I think of CAD: This chart is based purely on Technical aspect....

Trade_Journal

EURUSD - It's at a very important area! EUR - We are currently at a very important support area of the range. What's happening to the market fundamentally? Yesterday we had a very Hawkish Powell, as I mentioned in my previous post we had the indication of 25 basis point but I did mention we could perhaps change to 50 well.. embedded that in and we had a...

Trade_Journal

EURJPY - Trade idea! This post is purely based on technicals! Pattern: Wedge/Triangle - A break to either direction. Highs: 145.575 Lows: 144.030 If it breaks the highs expect your target areas to be 147 low areas & If it breaks the lows expect your target areas to be 143 areas (200 EMA). Be careful of false break outs and we do have a busy day on the docket...

Trade_Journal Updated 

GBPUSD - Now we wait... GBPUSD within the ranges Highs: 1.22480 Lows: 1.18530 Keep in mind: we had BOE'S BAILEY: CAUTION AGAINST SAYING WE'RE DONE ON RATES & Let's not forget we aren't done with 'Brexit' as that tension tightens as per usual we saw EURGBP escalate higher whilst GBP we are within these ranges until prices give us clear direction. Technical...

Trade_Journal Updated 

CAD - Trade idea! Another week, another trade opportunity! USDCAD - Very clear levels. Currently we are within the ranges. Highs: 1.36600 Lows: 1.35375 A break of key resistance highs, we could go towards 1.37730 areas. However, we if break below the lows and further down below 200 EMA I expect it to reach towards 1.34380. Keep in mind false breaks out,...

Trade_Journal

GBPNZD - I've got a trade idea for you! As we await for Powell! I found a this great trade idea, it's a break to either direction...Now remember, we could get false break out! Highs: 1.94570 Lows: 1.93620 Pattern: Triangle A break to either direction, break of 200 EMA area takes you to 0.382 & 0.236Fib areas. However, if we break above the trendline down, I...

Trade_Journal Updated 

EURSGD - Break out...Coming soon! EURSGD - Technically it's brewing for break out to either direction. We are currently within the ranges of Highs: 1.44965 Lows: 1.41187 If we are to break the lows, expect the recently low areas of 1.37625 to be target areas. If we are to break the hight, expect the the two key resistance areas to be tested and to be target...

Trade_Journal

DAX We've had European indices out-perform compared to US indices, this would be due to international opportunities increase this has been executing for while a hedge against US, we look at US yields we are 5% roughly now that into consideration of going into US indices the need of making a return is relative high, now compared to the opportunities and growth of...

Trade_Journal Updated 

EURUSD It is so clean! These are my favourite kind of set ups, it has been a choppy week but you wait till next week V day! We in for big treat CPI For US! Now Jobs have been great all is well in US it seems, lets see if this continues! Technically if we go below 50 EMA expect 200 EMA as your TP - I am short it's a positive swap as well - that's another great...

Trade_Journal Updated 

USDCHF USDCHF Within channel - We are currently mid range Highs: 0.93050 Break / close above expect 200 EMA to be target areas Lows: 0.91460 Break below expect it to retest the lows .90800-500 areas We do have important data next week US CPI and for today unemployment claims. Trade your own plan! Trade Journal

Trade_Journal Updated 

GBPUSD We do have BOE..We are currently stuck within range of H: 1.24435 L: 1.22610. It's a break to either direction if we break the lows then I do expect 1.21440 areas. A break above the highs of range I expect 1.26350. It's a wait and see with GBP but I feel most of the time these are the best set ups a break out checking if its a clean close etc. Based on...

Trade_Journal Updated 

EURGBP (Range Trade) I was long took partials, I still prefer the long side of EURGBP due to higher time frame confirmation. Now, we are stuck within a range and a pattern brewing: Highs: 0.89025 Lows: 0.88730 A break to either direction... If we break lows expect: 0.88490 If we break highs expect: 0.89275 Trade Journal